A research paper about business ethics Essay Example | Topics and Well Written Essays - 2000 words

A research paper about business ethics - Essay moralBehaviors of organizational members also depend on the companys ethics. In the present business purlieu business ethics has become a very important issue. Various new trends and processes are unified in businesses for enhancing their values. For performing business functions effectively organizations give importance on ethical behavior of its employees. This helps the organizations in avoiding various legal issues and enhancing their brand reputation. With the change in business environment, ethics of companies have experienced practically of changes. These changed ethical policies and practices facilitate the companies in holding their position in competitive business environment. In this essay new trends in business ethics will be discussed in detailed way. For explaining the new trends, tralatitious business policies and its issues will also be highlighted in this essay.The concept of business ethics was certain ache back . Around 1970s companies started focusing on establishing various policies and principles ethics. Earlier the companies only believed in the concept on money making. They were not concerned about people, environment and society. As a result the rules and principles of the business were developed in such a way which helped them to archive the money making objectives of businesses. Earlier for enhancing the profitability and revenues close to of the companies were involved in performing many immoral activities. That time ethical policies and practices were only implemented by religious organizations. Persons conducting business activities were not concerned about business ethics. The term business ethics was originated in USA (Lencioni 67). People were getting tortured in the name of business. So certain ethical policies and practices were launch in business for conducting trade ethically. Traditional business ethics principles and policies influenced the companies in developing str ict